Jobs Market Continues Its Fitful Recovery--2nd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Eric Morath The U.S. job market sits at a crossroads six years into a fitful economic expansion: Hiring is strong, but weak wage growth has failed to pull millions of would-be workers off the sidelines while prompting others to ...

Aetna Nears Deal to Buy Humana -- 3rd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman And Dana Mattioli Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal ...

Singapore June Nikkei PMI at 51.1; Up From 49.5 in May

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Gaurav Raghuvanshi SINGAPORE--Business activity in Singapore expanded in June, according to a new survey. The inaugural Singapore Nikkei Whole Economy Purchasing Managers Index, which measures private-sector and manufacturing activity, was at 51.1 in June, compared with 49.5 in May. ...

Aetna Nears Deal to Buy Humana

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman And Dana Mattioli Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal ...

China June HSBC Services PMI 51.8 Vs 53.5 in May

TODAY: July 3, 2015 PUB DATE: July 3, 2015

BEIJING--The HSBC China Services Purchasing Managers' Index fell to 51.8 in June from 53.5 in May, HSBC Holdings PLC said Friday, suggesting activity outside the nation's factories remains under pressure. "Latest PMI data signalled a further loss of growth momentum ...

Globe Telecom Secures at Least 54% Stake in Bayantel

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Cris Larano MANILA--Globe Telecom Inc. (GLO.PH) said Friday it secured regulatory approval to acquire a controlling stake in Bayan Telecommunications Inc., a debt-ridden telephone company. Globe said the National Telecommunications Commission allowed it to convert its debt holdings in ...

CSF Climbs After Loss Narrows -- Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

(Rewrites, adds detail.) By Simon Zekaria LONDON--Shares in CSF Group PLC (CSFG.LN) climbed in early trade after the provider of data-center facilities and services in Southeast Asia Friday expressed cautious optimism over its improving performance as it posted a narrowed ...

Aetna Nears Deal to Buy Humana

TODAY: July 3, 2015 PUB DATE: July 3, 2015

Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal could be inked as soon as ...

South Korea Unveils $20 Billion Fiscal Stimulus to Spur Economy

TODAY: July 3, 2015 PUB DATE: July 3, 2015

SEOUL-South Korea on Friday announced a fiscal stimulus package worth nearly $20 billion to spur anemic growth in Asia's fourth-largest economy. The additional government spending plan, revealed by the cabinet before being sent to parliament for approval, came with the ...

As Mergers Multiply, U.S. Antitrust Cops Raise Their Game

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Brent Kendall WASHINGTON--Corporate deal making is at an eight-year high at the same time the Obama administration's antitrust enforcers are on their strongest footing ever, setting up a tug-of-war over industry consolidation. The corporate executives and government officials now ...

Aetna Nears Deal to Buy Humana -- 3rd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman, Dana Mattioli and Anna Wilde Mathews Aetna Inc. is nearing a $34 billion deal to buy Humana Inc. following weeks of frenzied merger talks among the largest health insurers. People familiar with the deal said it could ...

Malaysia Exports Contract 6.7% in May

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Jason Ng KUALA LUMPUR, Malaysia--Malaysia's exports in May fell 6.7% from a year earlier, led by a decline in shipments of key commodities liquefied natural gas and palm oil, marking the second straight month of contraction, official data showed ...

India Services Activity Contraction Worsens in June - Markit

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Anant Vijay Kala NEW DELHI--A contraction in India's services sector activity worsened in June as new orders declined at the quickest pace in 18 months, strengthening the case for another interest-rate cut by the central bank to support sluggish ...

European Markets on Edge Before Greek Vote

TODAY: July 3, 2015 PUB DATE: July 3, 2015

European markets were in a holding pattern Friday ahead of this Sunday's referendum in Greece, which could set the country on course for a messy exit from the eurozone. The Stoxx Europe 600 index was less than 0.1% lower in ...

As Mergers Multiply, U.S. Antitrust Cops Raise Their Game

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Brent Kendall WASHINGTON--Corporate deal making is at an eight-year high at the same time the Obama administration's antitrust enforcers are on their strongest footing ever, setting up a tug-of-war over industry consolidation. The corporate executives and government officials now ...

Aetna Nears Deal to Buy Humana -- 2nd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman And Dana Mattioli Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal ...

Dollar Almost Flat Ahead of Greek Referendum

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Hiroyuki Kachi The dollar was almost flat against the yen and the euro in directionless Asian trade Friday ahead of Sunday's Greek referendum, while the Australian dollar weakened on a steep falloff in Shanghai stocks. Against the yen, the ...

Antitrust Cops Swing A Big Stick

TODAY: July 3, 2015 PUB DATE: July 3, 2015

(FROM THE WALL STREET JOURNAL 7/3/15) By Brent Kendall WASHINGTON -- Corporate deal making is at an eight-year high at the same time the Obama administration's antitrust enforcers are on their strongest footing ever, setting up a tug-of-war over industry ...